The Securities and Exchange Commission (SEC) is expected to require public companies to report more information around climate risk and other environmental, social and governance disclosures (ESG).
On June 16, the House of Representatives passed H.R. 1187, the Corporate Governance Improvement and Investor Protection Act, by a 215-214 largely party-line vote. The legislation incorporates five separate bills approved by the House Financial Services Committee in May and would require public companies to disclose data on political spending, climate change risks and mitigation efforts, and compensation inequality.
While CEOs agreed unanimously on the need for federal LIBOR legislation, House and Senate lawmakers demonstrated they remain sharply divided on what role financial institutions and their regulators should play in confronting environmental and social challenges.
A recent client survey conducted by RBC Wealth Management showed that women are leading the charge on Environmental, Social and Governance (ESG) investing. Results found that women are more than twice as likely than men to say it is extremely important that the companies they invest in integrate ESG factors into their policies and decisions.
SFA and our ESG Steering Committee are seeking SFA Members to participate in a series of small focus group discussions to establish market participant preferences and priorities for our ESG considerations in structured products.
Momentum for environmental, social and governance (ESG) investment is increasing, as reflected by a social bond issued earlier this month by regional bank Truist, an offering that raised $1.25 billion for investments in affordable housing and nonprofits.
On March 15, Acting Chair of the Securities and Exchange Commission (SEC), Allison Herren Lee, gave a speech at the Center for American Progress, in which she set forth a regulatory agenda that centers on Environmental, Social, and Governance (ESG) topics.
Investments in the environment, social, and governance (ESG) market have gained significant traction in recent years among investors. Survey data released by sustainability-driven investment firm OneplanetCapital found that the ESG market is set to double this year with 12% of traders planning to move investments to ESG related funds in 2021.
The Structured Finance Association (SFA) today released a new episode of its podcast series, Bright Ideas. In the episode, host and SFA CEO Michael Bright and SFA President Kristi Leo sit down with dv01 CEO Perry Rahbar and Strategy Principal Charlie Oshman for a conversation on why environmental, social and governance (ESG) principles are taking the finance market by storm and what data and reporting standards are needed
